The quality, the low prices and the long and solid relationship of trust are rewarded from the consumers even in times of great economic crisis.
September is an important month as the sales that occur in the period after the summer vacations represent the 10% of the Group’s annual sales. The consumers during September trusted Jumbo stores for the supplies of the new school year. Despite the challenging economic situation especially in Greece, Group’s sales during the first quarter of the current financial year (July 2012-June 2013) reached € 123,97 million increased by 2,84% y-o-y. It is reminded that according to the budget, the target for the current financial year is sales’ growth between 0%-2%
Jumbo Group, the largest retail company of toys, baby products, stationary products and other relevant products in Greece, in order to inform its investors as well as its shareholders, announces on a regular basis the developments regarding Group's turnover and its investment activity.
During the first quarter of the current financial year, the Group opened two new hyperstores. One at Nea Philadelphia (Attica) of total surface of 10ths sqm and the second at Palaio Faliro (Attica) of total surface 7,5ths sqm.
Today, Jumbo Group operates a network of 60 stores of which 50 are located in Greece, 3 in Cyprus and 7 in Bulgaria.
Moreover, it is expected that four more stores will open until the end of the current financial year, 3 in Greece and 1 in Bulgaria.